Master of Finance

2023 Deakin University Handbook

Note: You are seeing the 2023 view of this course information. These details may no longer be current. [Go to the current version]

Year	2023 course information
Award granted	Master of Finance
Course Map	This course map is for new students commencing from Trimester 1 2023. This course map is for new students commencing from Trimester 2 2023. This course map is for new students commencing from Trimester 3 2023. Course maps for commencement in previous years are available on the Course Maps webpage or please contact a Student Adviser in Student Central.
Campus	Offered at Burwood (Melbourne)
Duration	Depending on your professional experience and previous qualifications, the Master Finance is typically 1, 1.5 or 2 years duration. 1 year full time (2 years part time) - 8 credit points 1.5 years full time (3 years part time) - 12 credit points 2 years full time (4 years part time) - 16 credit points Deakin courses can also be studied part time over a longer period.
CRICOS course code	111194F Burwood (Melbourne)
Deakin course code	M750
Approval status	This course is approved by the University under the Higher Education Standards Framework.
Australian Qualifications Framework (AQF) recognition	The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

Course sub-headings

Course overview

Delve into the modern financial techniques underpinning investment, financing and risk management decisions of multinational corporations with Deakin’s Master of Finance. The coursework and research components have been designed to enhance professional practice in a range of financial domains, which may be of particular interest to you if you’re currently working as a finance professional.

Learn about international financial markets, corporate governance, corporate finance, derivative securities and international portfolio management. You’ll also be exposed to new knowledge areas such as FinTech, Business Analytics and Artificial Intelligence.

Develop analytical skills for making key financial management decisions, incorporating time-value-of money and risk-return analysis, plus learn how to apply financial knowledge to solve real-world financial decision problems. Through practice, you’ll become adept to various digital technologies used to process complex financial data, information and ideas.

As a graduate, you'll also have the option to complement your primary studies in international finance with a specialisation in a wide range of business-related fields. Designed to meet industry demand for skilled professionals with a breadth of transferrable skills, a specialisation can help deepen your knowledge in a particular business field and benefit your future career.

This course aims to provide a high-level education in finance issues and research methodologies. Depending on your unit choice, you may be eligible for membership to Finance and Treasury Association and the Financial Services Institute of Australasia.

Indicative student workload

As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

Professional recognition

Deakin Business School is in the top 1% of business schools globally by holding both AACSB and EQUIS accreditations. These prestigious accreditations are awarded to business schools that meet strict standards of quality, academic and professional excellence, and demonstrate a commitment to ongoing improvement and innovation in their courses, ensuring our graduates are employable worldwide.

By completing the Master of Finance, you may gain membership or eligibility to apply for membership at the Finance and Treasury Association (FTA) and the Financial Services Institute of Australasia (FINSIA), two leading professional bodies for Finance professionals.

The Master of Finance program is recognised through the CFA Institute University Affiliation Program.

Career opportunities

The Master of Finance can lead you to a diverse range of local and international careers in corporations, financial institutions, managed funds and audit companies as a:

Auditor
Budget Analyst and Forecaster
Business Analyst
Compliance Analyst
Credit Analyst
Customer Relationship Manager
Financial Advisor
Finance Manager
Fund Manager
Investment Analyst
Risk Advisor
Treasurer

Participation requirements

Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.

Reasonable adjustments to participation and other course requirements will be made for students with a disability. More information available at Disability support services.

Mandatory student checks

Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

Alternative exits

Graduate Certificate of Finance (M530)
Graduate Diploma of Finance (M630)

Fees and charges

Fees and charges vary depending on your course, the type of fee place you hold, your commencement year, the units you choose and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

Use the Fee estimator to see course and unit fees applicable to your course and type of place. Further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods is available on our Current students fees website.

Course Learning Outcomes

Graduate Learning Outcome	Course Learning Outcome
Discipline specific knowledge and capabilities	Develop an advanced and integrated understanding of finance theory, financial models and demonstrate how this specialised knowledge can be applied in financial markets (especially in the digitalised markets) to optimise financial outcomes
Communication	Convey complex financial information and recommendations in writing and orally for both financial specialists and non-financial audiences
Digital literacy	Apply appropriate digital technologies to find, use, manage and disseminate complex financial data, information and ideas.
Critical thinking	Conduct research to critically analyse a range of complex finance related information to make informed investing and financing decisions for corporates, the investing community and business at large.
Problem solving	Apply a range of techniques, including research and analytical skills, from finance, accounting and business to create solutions to real-world and complex finance issues.
Self-management	Evidence the ability to work and learn independently and show personal responsibility
Teamwork	Foster a constructive environment through ongoing academic collaboration
Global citizenship	Reflect on different international, ethical and regulatory perspectives in addressing issues faced by finance professionals

Course rules

The Master of Finance is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money.

For students undertaking 16 credit points, you study 11 credit points of core units, 1 credit point from a list of course electives and 4 credit points of elective units, plus completion of the compulsory 0-credit point module, MAI010 Academic Integrity Module. Most units (think of units as ‘subjects’) are equal to 1 credit point.

Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature.

Specialisations

Faculty-wide specialisations

Refer to the details of each specialisation for availability.

Course structure

Compulsory 0-credit point unit

To be completed in the first trimester of study:-

MAI010

Academic Integrity Module

Core units

MAF702

Financial Markets and Digital Innovations

MPF753

Principles of Finance

MPT781/MPE781

Economics for Managers ^{^}

MPA702

Financial Interpretation

MAF703

Applied Corporate Finance

MAF759

Financial Data Analytics

MAF707

Investments and Portfolio Management

MAF716

Fintech Foundations and Cryptocurrencies

MAF713

Derivatives and Financial Risk Management

MAF760

International Finance

MAF770

Finance in Practice ^(Capstone)

^{^} MPT code denotes Study Tour version of the unit

Course elective units

Select one credit point from:

MAF767

Securities Trading in Practice

MWL705

Business for Social Impact

MWL716

Consultancy Experience

MWL717

Entrepreneurship Experience

MWL718

Internship

MWL719

International Consultancy Experience

The remaining 4 credit points of electives may be selected from:

a faculty-wide specialisation
postgraduate units offered by the University (subject to availability)
1 credit point of faculty approved Deakin microcredentials.

Work experience

This course provides students the opportunity to complete one or more work integrated learning units.
More Information: WIL Programs

International Students:

This course includes Work Integrated Learning (WIL) formally registered as part of the course on the CRICOS register. The total work integrated learning hours will differ depending on the WIL unit you choose. For more information about WIL hours, please check the unit information in the handbook or the unit guide.

For information about how WIL units may impact student visa holder work rights, please visit https://immi.homeaffairs.gov.au. See Schedule 8 (8102)Visa Conditions.

Other course information

Course duration - additional information
Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

Further information

Student Central can help you with course planning, choosing the right units and explaining course rules and requirements.

Contact Student Central